Investment
Features
FeesSafety
Academy
More
Pluang+

XRP nears $1.16 but must close above $1.40 monthly to confirm recovery from $1.05 low

Technical Signals
09 Jun 2026
Crypto news
View Source
Neutral
pluang ai news

XRP traded near $1.16 after recovering from a low of $1.05, but it needs a monthly close above $1.40 to confirm that the bottom is secure. Analysts say reclaiming $1.61 to $1.65 would strengthen the recovery, with $1.70 confirming bullish control. Losing support below $1.14 could lead to further declines toward $1.10, $0.90, or even $0.80. Technical indicators show downside risk remains, and a key update to the XRP Ledger is expected mid-June, which may attract market attention but won't guarantee a price reversal.

More News (XRP)

XRP Ledger hits 8M activated accounts despite drop in daily active users

XRP Ledger hits 8M activated accounts despite drop in daily active users

The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

Protocol Fundamentals
Neutral
4 hours ago
XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

Technical Signals
Bullish
4 hours ago
XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...

Market News
Neutral
5 hours ago
Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...

Technical Signals
Neutral
5 hours ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App